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BRONX COMMONS Melrose | 22,818 SF
Steve Lorenzo Principal
212-776-1254 [email protected]
Mitchell Salmon Executive Managing Director
212-776-1289 [email protected]
Christopher Ventura Associate Director
212-776-1231 [email protected]
Lee & Associates is proud to present you with Bronx Commons—a mixed-use development in the Melrose section of the Bronx.
Bronx Commons is the last undeveloped plot at the 35-block Melrose Commons Urban Renewal Area, located east of Yankee Stadium. The complex is also home to The Bronx Music Hall, a state-of-the-art, 14,000 square-foot event space with seating capacity for over 300 people. The 12-story, 305-unit mixed- use development at 443 East 162nd Street with 22,818 square feet of retail space is located on the corner of Brook and Elton avenues in the South Bronx.
Bronx Commons’ total Gross Building Area of over 426,000 square feet is scheduled for completion in 2019. The project is currently underway by the co-developers: The Women’s Housing and Economic Development Corp (WHEDco) and BFC Partners.
Bronx Commons will contain a central courtyard, green roof, and large, landscaped public plaza with an amphitheater for social events and space for green markets. The exterior will be a canvas for large and small-scale artwork.
BRONX COMMONS 22,818 SF
The Bronx Music Hall will be a state-of-the-art venue where Bronx residents and visitors from around the world can connect to music and dance through high-quality shows and exhibits. Visitors will have the opportunity to explore Bronx music history and understand its lasting legacy and contributions to today’s popular music, as well as actively participate in music and art making.
At 14,000 square feet, the Bronx Music Hall will feature flexible performance space with seating for 300 people. The space will also house a permanent
interactive exhibit that connects visitors to the history of Bronx music, rehearsal and classroom spaces, gallery space for temporary or traveling exhibitions, and an outdoor plaza for recreation and open-air performances.
The Bronx Music Hall will be programmed 7-days a week year-around. Naturally, the Bronx Music Hall will complement the retail at Bronx Commons by attracting before-and-after theatre guests to this destination.
BRONX MUSIC HALL SEATING CAPACITY: 300
E 155th StE 154th St
E 153rd St
E 150th St
E 151st StE 152nd St
E 147th StE 146th St
E 145th StE 144th St
E 140th St
E 141st St
E 151st St Beck St
Fox St
Macy Pl
E 156th St
E 156th St E 157th St
E 158th St
E 158th St
E 160th St
E 160th St
E 161st St
E 162nd St
E 161st St
E 163rd St
E 165th St
E 165th St
Clay
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Wal
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r Ave
E 153rd St E 151st St
Uni
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Sum
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Ande
rson
Ave
E 166th St
E 165th St
W 165th St
W 164th St
E 164th St
W 162nd St
E 167th St
E 167th St
Joyce KilmerPark
Franz SigelPark
Mullaly Park
McClellan St
E 168th St
E 169th St
E 170th St
E 168th St
E 167th St
E 166th St
E 168th St
Home St
E 163nd St
Thir
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rose
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onco
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Westchester Ave
Third
Ave
E 149th St
E 149th St
Third
Ave
Westch
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Ave
Pro
spec
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E 161st St
E 163nd St
M
MM
M167 St
Prospect Av
MYankee Stadium
Jackson Av3 Av - 149 St
F O R E S T H O U S E SM O R R I S A N I A
W I L L I A MM C K I N L E Y
H O U S E S
M E L R O S E
W O O D S T O C K
S O U T HB R O N X
F L E E T W O O DC O N C O U R S E
V I L L A G E
C O N C O U R S E
C O N C O U R S EV I L L A G E
C L A R E M O N TV I L L A G E
T R A N S P O R T A T I O N P R O F . S E R V I C E S
M E D I C A L
H O S P I T A L I T Y
F I N A N C E
E N T E R T A I N M E N T
D I N E - I N
E D U C A T I O N
S U P E R M A R K E T
S P E C I A L I T Y
R E T A I L
G O V ’ T A G E N C Y
Q S R
Melrose Metro North Station 329 E 162nd Street, Bronx, NY
161 St - Yankee Stadium Train Station (4/B/D Train Lines)
3 Av - 149 Street The HUB Train(2 & 5 Train Lines)
The Bronx Defenders360 E 161 Street, Bronx, NY
Montefiore Health Care Center305 E 161 Street, Bronx, NY
Days Inn by Wyndham997 Brook Avenue, Bronx, NY
Chase Bank76 E 161 Street, Bronx, NY
Yankee Stadium1 E 161 Street, Bronx, NY
Porto Salvo424 E 161 Street, Bronx, NY
NYC Charter High School838 Brook Avenue, Bronx, NY
Success Academy513 E 161 Street, Bronx, NY
Boricua College890 Washington Avenue, Bronx, NY
Aldi3006 Third Ave, Bronx, NY
Foodtown3100 Third Ave, Bronx, NY Food Bazaar445 E 163rd Street, Bronx, NY
C-Town Supermarket3220 Third Ave, Bronx, NY
BP Gas Station481 E 163rd Street, Bronx, NY
United States Postal Service860 Melrose Ave, Bronx, NY
Rite Aid Pharmacy3012 Third Avenue, Bronx, NY
Pay O Matic3212 Third Avenue, Bronx, NY
Concourse Plaza (Shopping Center)200 E 161 Street, Bronx, NY
Mattress Firm2984 Third Ave, Bronx, NY
Walgreeens244 E 161 Street, Bronx, NY
NYPD830 Washington Ave, Bronx, NY
Dept of Finance3030 Third Ave, Bronx, NY
Bronx County Hall of Justice265 E 161 Street, Bronx, NY
Bronx County Family Court900 Sheridan Ave, Bronx, NY
Bronx District Attorney’s Office198 E 161 Street, Bronx, NY
Bronx Supreme Court851 Grand Concourse
Subway 3029 Third Ave, Bronx, NY
Domino’s Pizza3025 Third Ave, Bronx, NY
Dunkin Donut’s511 E 163rd Street, Bronx, NY
McDonald’s3279 Third Avenue, Bronx, NY
Popeyes499 E 163rd Streeet, Bronx, NY
Starbucks260 E 161 Street, Bronx, NY
Chipotle260 E 161 Street, Bronx, NY
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BRONX COMMONS
BX21 BX41 BX15 BX6
E 155th StE 154th St
E 153rd St
E 150th St
E 151st StE 152nd St
E 147th StE 146th St
E 145th StE 144th St
E 140th St
E 141st St
E 151st St Beck St
Fox St
Macy Pl
E 156th St
E 156th St E 157th St
E 158th St
E 158th St
E 160th St
E 160th St
E 161st St
E 162nd St
E 161st St
E 163rd St
E 165th St
E 165th St
Clay
Ave
Fulto
n Av
e Fr
ankl
in A
ve
Park
Ave
Park
Ave
Park
Ave
Cour
tland
Ave
Park
Ave
Trin
ity
Ave
Trin
ity
Ave
Trin
ity
Ave
Fore
st A
ve
Jack
son
Ave
Cau
ldw
ell A
ve
Cau
ldw
ell A
ve
Eagl
e A
ve
Eagl
e A
ve
Wal
es A
ve
Uni
uon
Ave
Tint
on A
ve
Was
hing
ton
Ave
Telle
r Ave
Find
lay
Ave
Colle
ge A
ve
Gra
nt A
ve
Sher
man
Ave
Sher
man
Ave
Sher
idan
Ave
Caro
l Pl
Ger
ald
Ave
Ger
ald
Ave
Wal
ton
Ave
Wal
ton
Ave
Rive
r Ave
E 153rd St E 151st St
Uni
vers
ity
Ave
Sum
mit
Ave
Ande
rson
Ave
E 166th St
E 165th St
W 165th St
W 164th St
E 164th St
W 162nd St
E 167th St
E 167th St
Joyce KilmerPark
Franz SigelPark
Mullaly Park
McClellan St
E 168th St
E 169th St
E 170th St
E 168th St
E 167th St
E 166th St
E 168th St
Home St
E 163nd St
Thir
d A
ve
Web
ster
Ave
Mel
rose
Ave
Gra
nd C
onco
urse
Gra
nd C
onco
urse
Mor
ris A
ve
Mor
ris A
ve
St
Ann
’s A
ve
Westchester Ave
Third
Ave
E 149th St
E 149th St
Third
Ave
Westch
ester
Ave
Pro
spec
t A
ve
Pro
spec
t A
ve
E 161st St
E 163nd St
M
MM
M167 St
Prospect Av
MYankee Stadium
Jackson Av3 Av - 149 St
F O R E S T H O U S E SM O R R I S A N I A
W I L L I A MM C K I N L E Y
H O U S E S
M E L R O S E
W O O D S T O C K
S O U T HB R O N X
F L E E T W O O DC O N C O U R S E
V I L L A G E
C O N C O U R S E
C O N C O U R S EV I L L A G E
C L A R E M O N TV I L L A G E
T R A N S P O R T A T I O N P R O F . S E R V I C E S
M E D I C A L
H O S P I T A L I T Y
F I N A N C E
E N T E R T A I N M E N T
D I N E - I N
E D U C A T I O N
S U P E R M A R K E T
S P E C I A L I T Y
R E T A I L
G O V ’ T A G E N C Y
Q S R
Melrose Metro North Station 329 E 162nd Street, Bronx, NY
161 St - Yankee Stadium Train Station (4/B/D Train Lines)
3 Av - 149 Street The HUB Train(2 & 5 Train Lines)
The Bronx Defenders360 E 161 Street, Bronx, NY
Montefiore Health Care Center305 E 161 Street, Bronx, NY
Days Inn by Wyndham997 Brook Avenue, Bronx, NY
Chase Bank76 E 161 Street, Bronx, NY
Yankee Stadium1 E 161 Street, Bronx, NY
Porto Salvo424 E 161 Street, Bronx, NY
NYC Charter High School838 Brook Avenue, Bronx, NY
Success Academy513 E 161 Street, Bronx, NY
Boricua College890 Washington Avenue, Bronx, NY
Aldi3006 Third Ave, Bronx, NY
Foodtown3100 Third Ave, Bronx, NY Food Bazaar445 E 163rd Street, Bronx, NY
C-Town Supermarket3220 Third Ave, Bronx, NY
BP Gas Station481 E 163rd Street, Bronx, NY
United States Postal Service860 Melrose Ave, Bronx, NY
Rite Aid Pharmacy3012 Third Avenue, Bronx, NY
Pay O Matic3212 Third Avenue, Bronx, NY
Concourse Plaza (Shopping Center)200 E 161 Street, Bronx, NY
Mattress Firm2984 Third Ave, Bronx, NY
Walgreeens244 E 161 Street, Bronx, NY
NYPD830 Washington Ave, Bronx, NY
Dept of Finance3030 Third Ave, Bronx, NY
Bronx County Hall of Justice265 E 161 Street, Bronx, NY
Bronx County Family Court900 Sheridan Ave, Bronx, NY
Bronx District Attorney’s Office198 E 161 Street, Bronx, NY
Bronx Supreme Court851 Grand Concourse
Subway 3029 Third Ave, Bronx, NY
Domino’s Pizza3025 Third Ave, Bronx, NY
Dunkin Donut’s511 E 163rd Street, Bronx, NY
McDonald’s3279 Third Avenue, Bronx, NY
Popeyes499 E 163rd Streeet, Bronx, NY
Starbucks260 E 161 Street, Bronx, NY
Chipotle260 E 161 Street, Bronx, NY
1 22
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BRONX COMMONS
BX21 BX41 BX15 BX6
AREA MAP
443 E 162nd Street
3rd Qtr. 2019
Direct
125’
22,818 (divisible)
15’9” – floor to ceiling 13’4” – clear
• 305 residential units on site • 5 minute walk to/from the Melrose
Metro North Station • 5 minutes access from 161 Street/
Yankee Stadium Station (B/D/4 trains) • 5 Minute access from 149 Street/Third
Avenue – The HUB Station (2/5 trains) • Transit Bus access via: BX6 (SBS), BX15,
BX21 & B41 (SBS)
RETAIL SPACE ADDRESS
POSSESSION
LEASE TYPE
FRONTAGE
SQUARE FOOTAGE
CEILING HEIGHTS
HIGHLIGHTS
DEMOGRAPHICS
Population 1 mile 2 miles 5 miles
2018 Total 248,338 737,879 2,652,168
2023 Projection 258,785 763,884 2,710,918
Pop Growth (2018-2023) 4.21% 3.52% 2.22%
Households 1 mile 2 miles 5 miles
2018 Total 82,992 255,650 1,027,468
HH Growth (2018-2023) 4.18% 3.46% 2.03%
POPULATION
Route 2017
BX6 22,896
BX15 25,145
BX21 13,709
BX 41 (SBS/LCL) 21,088
BUS WEEKDAY RIDERSHIP
Collection street Cross street Traffic volume
Dist. From subject
E 161st St Elton Ave 22,065 0.08
Washington Ave E 160th St 16,689 0.15
Melrose Ave Brook Ave 10,512 0.14
Melrose Ave E 159th St 10,512 0.18
Washington Ave E 164th St 6,868 0.12
E 163rd St Brook Ave 4,179 0.03
Park Ave Clay Ave 3,727 0.17
Brook Ave E 161st St 1,865 0.16
BRONX COMMONS VEHICULAR TRAFFIC
WHEDco The Women’s Housing and Economic Development Corp. (WHEDco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. Working in the South Bronx, WHEDco builds award- winning, sustainable, and affordable homes that serve as anchors for strong communities that residents can be proud of. WHEDco’s mission is to provide the Bronx with access to all of the resources that create thriving neighborhoods—from high-quality early education and after-school programs, to healthy food, cultural programming, and economic opportunity. For more information visit www.whedco.org BFC Partners BFC has been a developer of affordable and market-rate housing, as well as mixed-use projects in New York City, for more than 30 years. After starting in the East Village in the 1980s, BFC has established itself as a major developer in Brooklyn, completing the award-winning Toren in downtown Brooklyn and the award-winning creative office building at 1000 Dean Street in Crown Heights. BFC is currently nearing completion on 7 DeKalb at City Point on Flatbush Avenue and has broken ground on the city’s first outlet center on Staten Island. Most recently, BFC was part of a team to be selected by the city to develop Bedford Courts in Crown Heights and Essex Crossing on the Lower East Side. Since the firm’s inception in 1985, BFC and its principals have completed over $5 billion in development projects, encompassing the construction of more than 8,000 residential units and millions of square feet of mixed-use development. For more information about BFC Partners visit www.bfcnyc.com
Lee & Associates NYC Lee & Associates NYC (Lee NYC) is the New York office of Lee & Associates, a national member-owned commercial real estate brokerage company formed in California in 1979. Lee NYC was formed in 2011 by the principals of Sierra as a national effort to expand its brand to the five boroughs of New York City and Long Island. Lee & Associates has since grown to include over 1,000 commercial real estate professionals in 58 offices in 20 states. With an annual total of completed transactions with an aggregate value of over $13 billion in 2017, Lee & Associates is now, the largest firm of its kind in North America. The NYC and Long Island offices currently have over 50 brokerage professionals in three offices. The LEE Team representing Bronx Commons is a Bronx specialist and a local market expert with a comprehensive understanding of current market conditions and trend lines. For more information about Lee & Associates NYC visit http://leeassociatesnyc.com
ABOUT THE CO-DEVELOPERS
About Brokerage
FOR MORE INFORMATION PLEASE CONTACT:
Steve Lorenzo Principal
212-776-1254 [email protected]
Mitchell Salmon
Executive Managing Director 212-776-1289
Christopher Ventura Associate Director
212-776-1231 [email protected]
All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing from sale or lease, and to any
listing conditions, including the rates and manner of payment of commissions for particular offerings imposed by principals or agreed by this Company, the terms of
which are available to principals or duly licensed brokers. Any square footage dimensions set forth are approximate.
